GDP / Output
+4.7% YoY
72
$6.8B
Output changed +4.7% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
6
8.0%
Unemployment is 8.0% for Latest available.
Vintage date unknown
State avg3.6%
U.S. avg5.2%
Population
-0.7% 5-year
46
34,383
Population moved -0.7% over the latest ACS window.
Vintage date unknown
State population10,730,404
U.S. population334,922,499
Housing
Rent share of income
66
24.0%
Median rent consumes 24.0% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.5K per resident
95
$882.7M
$882.7M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$129.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$882.7M
$7.5K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$601.6M
2. Department of Veterans Affairs$194.0M
3. Department of Housing and Urban Development$23.9M
Top recipients
Dollars1. HOUSING AUTHORITY OF THE CITY OF GOLDSBORO, N.C$13.4M
2. KT CONSULTING, INC.$12.7M
3. WAYNE ACTION GROUP FOR ECONOMIC SOLVENCY, INC.$10.9M
Affordable
Housing Affordability
24.0%
of median income
1BR estimate$796
2BR estimate$1,049
Median income$48,540
Median home value$200,400
ACS context
Quick Facts
Population
34,383
Median age
36.8
Bachelor's degree+
21.0%
Poverty rate
22.8%
Labor force participation
57.1%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-0.1%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
202034,610
202133,214
202233,566
202333,448
202434,383
GDP (5 years)
2020$5.1B
2021$5.7B
2022$6.2B
2023$6.5B
2024$6.8B
2-year linear forecast
Predictive Outlook
Population forecast
202434,383
202533,778 *
202633,756 *
R² = 0.3% · * projected
GDP forecast
2024$6.8B
2025$7.3B *
2026$7.7B *
R² = 97.7% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$48,540/yr
Median rent$971/mo
Rent share of income24.0%
Est. mortgage (30yr, 6.5%)$12,160/yr
Mortgage share of income25.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate8.0%
State avg3.6%
U.S. avg5.2%
Labor force participation57.1%
Poverty rate22.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$200,400
Median monthly rent$971
Price-to-rent ratio17.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score45/100
Economic growth72/100
Labor market6/100
Population momentum46/100
Overall stability49/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.